What sort of PT, Well guessed!
I have a hm 260, and I know nothing specifically about you're model.
The lickliest answer is that the chain driving the bed by 2, or 4 threaded sprockets is very slack, and out of timing, or sync.
You don't say how much the bed is out one side to the other.
The chain is probably underneath the planer base, and therefore you will need to get at this taking it off the stand etc
Be careful of the beds as they are not to be knocked about.
carefully clead the crud and dust out and you will need to adjust the chain carefully and hopefully the problem will be rectified.
Do NOT take the chain off as they are difficult to set up correctly.
I hope the chain has not broken, or come off previously.
Lighly oil the chain, when finished,
HTH Regards Rodders